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1 | Instructions for Stock Market Issuers Instructions for Stock Market Issuers ____________ Ljubljana, 1 July 2019 The Instructions for Stock Market Issuers dated 1 July 2019 were posted on the Ljubljana Stock Exchange website on 1 July 2019 and will apply from 16 July 2019.

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1 | Instructions for Stock Market Issuers

Instructions for

Stock Market Issuers

____________

Ljubljana, 1 July 2019

The Instructions for Stock Market Issuers dated 1 July 2019 were posted on the Ljubljana Stock Exchange

website on 1 July 2019 and will apply from 16 July 2019.

2 | Instructions for Stock Market Issuers

TABLE OF CONTENTS:

1. GENERAL PROVISIONS ........................................................................................................ 3

2. LISTING SECURITIES ON THE STOCK MARKET AND ITS SUBSEGMENTS ................................ 4

3. LISTING CHANGES .............................................................................................................. 7

4. TEMPORARY SUSPENSIONS OF TRADING AT ISSUER'S REQUEST .......................................... 8

5. DELISTING SECURITIES .................................................................................................... 11

6. ISSUERS’ OBLIGATION TO FURNISH APPLICATIONS, DOCUMENTS AND DATA..................... 13

7. SERVING THE EXCHANGE SUMMONS ON ISSUERS ............................................................. 15

8. MANNER OF PROVIDING NOTICES AND DOCUMENTATION TO THE EXCHANGE, AND MANNER

OF PUBLICATION .......................................................................................................................... 16

9. THE EXCHANGE’S INFORMING OF THE AGENCY ................................................................. 19

10. MAKING EXCHANGE INFORMATION PUBLIC ....................................................................... 19

11. NOTIFYING MEMBERS OF HOW TO ACCESS REGULATED INFORMATION ............................. 19

12. DATA CONFIDENTIALITY ................................................................................................... 20

13. TRANSITIONAL AND FINAL PROVISIONS ........................................................................... 20

Disclaimer

All effort has been made to ensure the accuracy of this translation, which is based on the Slovene original.

Translations of this kind may nevertheless be subject to a certain degree of linguistic discord; in case of

doubt or misunderstanding, the Slovenian text, being the official version, shall thus prevail.

3 | Instructions for Stock Market Issuers

The Ljubljana Stock Exchange Inc. (“Exchange”) Management Board adopted at its meeting on 1 July 2019

on the basis of the provisions of Article 34 of the Articles of Association and Articles 9, 11–13, 15, 16, 18,

20, 27, 30, 35–38, 42, 45, 49, 52, 59, 64, 65, 68, 185, 187 and 189 of the Exchange Rules, the following

INSTRUCTIONS

FOR STOCK EXCHANGE MARKET ISSUERS

1. GENERAL PROVISIONS

Applicability of Instructions

Article 1

(1) These Instructions shall be used to meet those provisions of the Rules that stipulate the following for

issuers listed on the stock exchange market:

1. content of the issuers' Applications, in accordance with the Exchange Rules (forms and Listing

Agreement);

2. procedures in cases of changes in securities;

3. suspensions of trading applied for by the issuer;

4. procedure of delisting securities from the stock exchange market;

5. procedure of market allocation and transfer of securities;

6. content of and obligations to provide to the Exchange Applications, documents and data;

7. manner of submitting the Exchange summons to issuers;

8. informing the Securities Market Agency (“Agency”), and public disclosure of information by the

Exchange;

9. informing member firms of the option to access regulated information;

10. data confidentiality.

(2) On the basis of the signed Listing Agreement and the Exchange general acts, the Management Board

adopts decisions related to issuers referred to in Article 185 (1) of the Rules in the form of resolutions

binding for issuers. Resolutions regarding listings, listing changes, classification and transfer have the

legal force of amendments to the Listing Agreement.

(3) The provisions of these Instructions apply mutatis mutandis to the person that applied for listing and

to money market instruments.

Definitions

Article 2

(1) Individual terms and expressions used in these Instructions shall have the following meanings:

1. Rules: Ljubljana Stock Exchange, Inc. Rules.

2. Instructions: Instructions for Stock Exchange Market Issuers.

3. User: natural or legal person using SEOnet.

4. Subscriber: legal or natural person that has entered into a contractual relationship with the

Exchange, subscribing to an electronic service.

5. Issuer: legal person having issued or intending to issue securities.

6. Notice: any notice and other information that the issuer is, pursuant the law or the Rules, bound

to submit to the Exchange and/or make public.

4 | Instructions for Stock Market Issuers

7. Public announcement: announcements of issuers' notices, in accordance with the ZTFI.

8. SEO: electronic announcements system. It comprises several electronic services, differing in terms

of their working, functionality and capacity, as well as in terms of the quantity, meaning and

manner in which the information they hold and mediate is used.

9. SEOnet: public Exchange electronic service. Through SEOnet, the users, provided they have

standard electronic equipment and access to the Internet, may access the issuers’ public

announcements published on SEOnet, browse through Exchange notices on public

announcements published in daily newspapers and other media of which the issuers have

previously notified the Exchange in the manner required, as well as browse through other public

notices of SEOnet subscribers and the Exchange.

10. SEOin: Exchange electronic service subject to a subscription. Using SEOin, the subscribers,

provided they have standard electronic equipment and access to the Internet, may draft

standardised notices and submit them to the Exchange as well as publish them on SEOnet.

11. INFO STORAGE: centrally appointed mechanism for the central storage of regulated information.

It is operated by the Exchange, being authorised by the Agency.

12. General terms for SEO and INFO STORAGE: Ljubljana Stock Exchange Inc. General Terms and

conditions for SEO and INFOR STORAGE Services Provision.

(2) Individual terms, expressions and abbreviations defined by the Rules have the same meanings in these

Instructions as in the Rules.

2. LISTING SECURITIES ON THE STOCK MARKET AND ITS SUBSEGMENTS

Applications for Listing and Allocation of Securities

Article 3

(1) The issuer, or person eligible under the provisions of the ZTFI to apply for the listing of a security to

trading on the stock exchange, shall file the following documentation along with an Application form

from the attachment to these Instructions and the Listing Agreement in order to be granted listing:

1. Application for Listing Shares (marking the desired market sub-segment),

2. Application for Listing Bonds,

3. Application for Listing Close-end Funds,

4. Application for Listing Open-end Funds,

5. Application for Listing Structured Products (marking the type of product),

6. Application for Listing Depositary Receipts (marking the type of underlying product and desired

market sub-segment),

7. Application for Listing Money Market Instruments.

(2) The issuer shall enclose to each Application referred to in par. 1 of this Article the documentation listed

as obligatory attachments in the respective application forms along with unilaterally signed applications

forms and the Listing Agreement. The Listing Agreement is available at the Exchange.

(3) For its instrument in the process of listing the issuer proposes the first reference price, or else the

Exchange sets the value, so that the first reference price equals 100, regardless of the instrument type.

(4) In the Application for Listing Shares on the stock exchange market the issuer also marks the desired

market segment, to which the Exchange should list its shares when listing them on the stock exchange

market. The Exchange then adopts a Resolution on the Listing of Shares.

5 | Instructions for Stock Market Issuers

(5) In case of listing onto Prime Market issuers from other member states and from third countries must

publicly disclose the valid and applicable provisions of company law with respect to (at least) treasury

shares, repayment of paid-in amounts, profit sharing, procedures of changing the company's articles of

association (charter), preemptive right to purchase a proportional number of shares of future issues

and the strike of preemptive right.

Manner of Computing Quantitative Criteria for Listing and Allocation of Shares

Article 4

(1) In case of first listings on the stock exchange market the value of capital referred to in Article 11 of the

Rules shall be determined on the basis of book value.

(2) If the issuer's shares had been previously traded on the stock exchange market for over six months,

market capitalization shall be considered instead of book value. The average market capitalization of

the shares of the same class for the most recent 6 months of trading on the stock exchange market

shall be considered, applying the market capitalization as at the last day of each month.

(3) Percentage of class of shares in public hands referred to in Article 11 of the Rules shall be determined

by subtracting from total listed shares all shares held by individuals whose stakes exceed 5% of the

entire issue.

(4) Notwithstanding par. 3 of this Article, shares included in the market capitalization shall include the

shares held by:

1. open-end funds and

2. pension funds,

unless the shares held by an open-end fund or pension fund exceed 25% of the total issue.

Exception in the Event that an Issuer Has Not Published an Annual Report for the Last Three Years

Article 5

Pursuant Article 11 (2) of the Rules, when assessing whether investors are otherwise provided with the

information they need for an informed assessment, the Exchange takes into account the criteria set out in

Article 4 of the Agency Resolution on Detailed Rules on the Stock Market.

Share Transfer Due to Reviewed Criteria

Article 6

(1) Periodic reviews look at how shares listed on the Prime Market meet the designated liquidity criteria in

each period of 12 months, in accordance with the Ljubljana Stock Exchange Instructions for the Index,

Liquidity Criteria, Price List and other Statistical Data.

(2) Should, in accordance with Article 16 of the Rules, the Exchange find the issuer to be non-compliant

over two (2) consecutive review periods from the previous paragraph with the criteria specified in Article

16 (2) of the Rules, the Exchange shall inform thereof the issuer in writing within 10 days after the date

of the periodic review and invite it to make a statement about it. Thereupon the Exchange may adopt

a resolution on the transfer of the relevant shares to the highest possible equity market segment for

which they meet the relevant conditions and criteria. The Exchange shall inform all member firms and

the public of a share transfer into a lower market segment not later than three days prior to the transfer.

(3) In case of extraordinary events, the Exchange may also examine the meeting of conditions and criteria

for transferring shares to Prime Market listing. Reasons for extraordinary reviews are predominantly:

6 | Instructions for Stock Market Issuers

1. completed takeover procedure of the issuer,

2. other activities affecting ownership structure and dispersion of shares in public,

3. corporate actions,

4. suspected non-compliance with liquidity criteria, based on monitoring trading data,

5. breaches of disclosure criteria.

Transfer procedures and extraordinary reviews shall be governed mutatis mutandis by the provisions

applying to periodic reviews.

(4) The issuer shall be obliged to duly inform the Exchange of the signing of any contract with a liquidity

provider or its termination, in the manner specified in Chapter 8 hereunder.

(5) In case of established special market circumstances (e.g. changed conditions of trading), the Exchange

Management Board may, in order to ensure orderly trading, decide not to implement the transfer

procedure of securities into a lower market sub-segment after a review of quantitative criteria, as

stipulated by par. 1 of this Article, or decide to implement it only partially.

Deliberating on Prime Market Listing

Article 7

The Exchange may refuse to list a share on Prime Market if:

1. the criteria for Prime Market listing are not and cannot be met,

2. its listing on Prime Market went against the interests of Prime Market,

3. its listing on Prime Market went against the general interests of the public.

Listing of Money Market Instruments

Article 8

(1) In accordance with Article 45 of the Rules, in deliberating on the listing of money market instruments

(such as treasury bills and commercial papers) the Exchange applies the procedure stipulated in Article

40 of the Rules for bond listing procedures. The issuer, or person that may apply for the listing of a

money market instrument on the Exchange under the provisions of the ZTFI-1, either working towards

listing their instruments, shall file the application form from the attachment of these Instructions along

with a Listing Agreement, which together constitute the application for the listing of money market

instruments to the stock exchange market.

(2) For treasury bills issued by a Member State, the application for listing an issue shall consist of the

information memorandum for the issue in question and the special Listing Agreement referring to all

treasury bills issues of an issuer for which an application for listing was submitted.

(3) For money market instruments, the Listing Agreement may cover all issues of money market

instruments subject to an individual Application for Listing. In such a case the Listing Agreement shall

terminate upon the last issue, which is the subject of such a Listing Agreement, being delisted from the

stock exchange market.

(4) The basic information on a money market instrument published by an issuer prior to the start of trading

contains at least the following information:

1. information on the money market instrument for which listing on the stock market is requested;

2. information on the issuer including financial data;

3. information on risks that investors take by investing in money market instruments;

4. other important facts related to the issuer and its money market instruments.

7 | Instructions for Stock Market Issuers

3. LISTING CHANGES

Application for Change in Listing

Article 9

(1) The issuer, or person eligible under the provisions of the ZTFI-1 to apply for the listing of a security to

trading on the stock exchange, must – in accordance with Article 18 of the Rules – provide the Exchange

with an Application for Change, filed on the requisite form, which is an attachment to these Instructions:

1. in the event of a changed number of securities, and

2. in the event of changed features of securities.

(2) The person referred to in par. 1 of this Article shall enclose to the Application referred to in par. 1 of

this Article the documentation listed as obligatory attachments in the respective Application form.

(3) In the Application for Change, when the change affects the price of the security, the issuer shall also

determine the reference price after the change; otherwise it shall be determined by the Exchange.

(4) Due to the special nature of trading in open-end funds, the Exchange, in accordance with Article 65 (2)

of the Rules, automatically, without the issuer's application, brings the numbers of open-end fund shares

in the central registry or depository in line with the situation on the stock exchange market.

Special Rules for Change Procedures in Bonds

Article 9 a

(1) The issuer or person eligible under the provisions of the ZTFI-1 to apply for the listing of a security to

trading on the stock exchange, must inform the Exchange of any changes in bonds which affect the

position of bondholders in relation to the issuer and provide the Exchange with:

1. An Application for Change in a security in cases of:

• Changes in the features of bonds which are provided in the prospectus and not effected in

the central registry or central depository through the changing of their ISIN code, security

symbol, etc. (e.g. change in amortization schedule in accordance with prospectus);

• Changes in the features of bonds adopted according to the procedure and in a manner

provided in prospectus, conditions of bonds or insolvency law applicable to bonds (e.g.

technical replacement of bonds in central registry or central depository with replacement

bonds of the same issuer)

or

2. An Application for Temporary Suspension of Trading or Application for Delisting in cases of:

• Changes in the features of bonds which under applicable law result in expiration of the

existing liabilities arising from bonds and formation of a new liability, mainly the following:

• Changes in the features of bonds for which the procedure of adopting a decision on

this change is not provided in prospectus,

• According to Resolution and Compulsory Dissolution of Credit Institutions Actimposed

instrument of write-off and conversion of qualified liabilities, which are represented in

bonds and are listed on the stock exchange market.

(2) The Application referred to in par. 1 of this Article shall be filed on the requisite form, which is an

attachment to these Instructions. The Application shall contain also documentation listed as obligatory

attachments in the respective Application form.

8 | Instructions for Stock Market Issuers

(3) In the event of a change in amortization schedule of a bond, an applicant for change must provide the

Exchange with the new amortization schedule, which had previously been negotiated with KDD (Slovene

Central Securities Clearing Corporation).

(4) On the basis of a received Application for Change in a bond, the Exchange, if necessary, reconciles

information on changed conditions and other provisions regarding the bond with the central registry

and issues a resolution on the change in a relevant bond, provided that it finds the application for

change well-grounded. The change in the bond may be made in the Exchange’s trading system

immediately after the appropriate entry into central registry is made.

(5) The Exchange decides on applications regarding changes in the features of bonds referred to in item 2,

par. 1 of this Article in line with the procedure of temporary suspension of trading in and delisting.

4. TEMPORARY SUSPENSIONS OF TRADING AT ISSUER'S REQUEST

Special Reasons for Temporary Suspension of Trading

Article 10

(1) In accordance with Article 31 of the Rules, the Exchange may temporarily suspend trading in securities

or money market instruments on the stock exchange market if it receives a well-grounded written

application from the issuer for a temporary suspension of trading in its securities or money market

instruments. The temporary suspension of trading may last up to one trading day, unless the

circumstances of a case of the issuer's application demand a longer halt.

(2) The application shall be considered well-grounded if it indicates that:

1. the issuer’s business operations have encountered a business event or circumstance not known

to the wide public, which could therefore affect the price of the issuer’s security;

or if:

1. an important business event (e.g. the signing/cancellation of a contract, etc.) occurs during trading

hours, and

2. the issuer is unable to ensure the confidentiality of the relevant information until proper public

announcement is possible, and

3. the issuer intends to ensure proper public disclosure of the relevant information as soon as

possible;

or if:

1. a temporary suspension of trading is necessary due to procedures to be carried out in the KDD

(Slovene Central Securities Clearing Corporation) central registry and for other just reasons (e.g.

extension of suspension of trading);

or if:

1. circumstances had arisen that could lead to compulsory settlement or bankruptcy proceedings of

the issuer or other proceedings in accordance with Financial Operations, Insolvency Proceedings

and Compulsory Dissolution Act (ZFPPIPP), and:

• there have been speculations raised by the media about the financial health of the issuer and

its future operations, which the issuer cannot comment, or

• an important business event has occurred or a key decision has been adopted by the issuer,

which will impact the company’s future operations, but since the decision was adopted

9 | Instructions for Stock Market Issuers

independently of the company’s management and supervisory bodies the issuer was unable

to ensure a proper public announcement; and

2. circumstances had arisen due to which the company’s management has filed or intends to file for

bankruptcy in accordance with ZFPPIPP;

3. a resolution on initiation of bankruptcy proceedings was issued, which has not yet become final,

whereby the application for a temporary suspension of trading is filed by an Official Receiver,

or if:

1. the shareholders adopted a resolution on AGM on the minority squeeze-out and transfer of shares

to the majority shareholder.

(3) In the Application (Attachment 5) referred to in par. 1 of this Article, the issuer shall provide the

following data:

1. firm and registered office of issuer,

2. security, being the subject of the Application, and its security symbol,

3. seal and signature of an authorised person of the issuer,

4. contact person of the issuer, telephone and fax numbers,

5. just reasons for temporary halt, along with requested attachments,

6. exact time (date, time) of the suspension of trading.

The issuer shall submit the Application referred to in par. 1 of this Article to the Exchange in the manner

stipulated in Chapter 8 hereunder.

(4) In accordance with Article 43 (1) of the Rules it is considered that, in cases of changes in the features

of bonds which result in expiration of the existing liabilities arising from bonds and formation of a new

liability, these bonds no longer meet the conditions for trading. The Exchange thus deliberates in

accordance with the procedure of a temporary suspension of trading in bonds and delisting bonds

referred to in Article 43 and 44 of the Rules and Article 14 hereunder. The Exchange deliberates on the

future trading on the stock exchange market of the bond, which is formed due to such changes, in

accordance with the listing procedures referred to in Article 40 of the Rules.

(5) In accordance with Article 45 of the Rules, the Exchange deliberates on a temporary suspension of

trading in money market instruments according to the procedure stipulated in Article 43 of the Rules

regarding procedures for bonds and according to this Chapter hereunder. Special provisions regarding

temporary suspensions of trading in money market instruments are also given in Article 15 hereunder.

Special Rules for Temporary Suspension of Trading in case of Circumstances that could Result or have

Resulted in Insolvency Proceedings or Compulsory Settlement

Article 11

(1) Should the issuer asses there to be uncertain circumstances due to which the public speculates about

the company's future operations, it may file with the Exchange an application for suspension of trading,

in accordance with indent 4 of Article 31 (1) of the Rules. In the event that a resolution on initiation of

bankruptcy proceedings was issued against an issuer, the Official Receiver shall submit to the Exchange

the application for temporary suspension of trading, which lasts until the finality of the resolution on

initiation of bankruptcy proceedings.

(2) Should trading be suspended at the issuer’s request, due to circumstances that could result in insolvency

proceedings or compulsory settlement in accordance with Financial Operations, Insolvency Proceedings

and Compulsory Dissolution Act (ZFPPIPP), the temporary suspension of trading may last up to 10

10 | Instructions for Stock Market Issuers

consecutive trading days, unless the issuer files an application for a renewal of the suspension of

trading.

(3) The Exchange shall resume trading once an adequate public announcement has been made, which is

not later than on the 11th trading day of the suspension of trading, unless:

1. the issuer files a well-grounded application for a renewal of the suspension of trading;

2. the issuer undergoes bankruptcy proceedings.

In case of initiated bankruptcy proceedings in an issuer when conditions for delisting have not yet been

met (e.g. the resolution on initiation of bankruptcy proceedings has not become final), the temporary

suspension of trading may last up until the security is delisted.

(4) In its press release upon resumption of trading, the Exchange shall notify investors of the special

circumstances affecting the issuer.

(5) In accordance with regulations, the issuer shall be obliged to promptly meet its disclosure obligations

and ensure an appropriate public announcement of the agreement reached with creditors and

consequences of adopted measures. The issuer should also ensure a prompt disclosure of all relevant

events, decisions and anticipated consequences related to the compulsory dissolution proceedings,

bankruptcy proceedings or liquidation.

Criteria for Assessment of Circumstances that Require the Safeguarding of Investors' Interests

Article 11a

(1) In the event that, within the framework of monitoring compliance with the conditions for trading with

securities or within the framework of monitoring compliance with the disclosure obligations of regulated

information of issuers, the Exchange discovers facts or circumstances that might require safeguarding

of investors’ interest, the Exchange assesses these facts and circumstances in the light of the criteria

for ensuring the protection of investors’ interests.

(2) Criteria for ensuring the protection of investors’ interests in accordance with Article 31 (2) of the Rules

are the following:

• uniform informing of investors is provided;

• published information about the issuer and its shares offers adequate basis to uninformed

investors for reaching their key investment decisions regarding these shares;

• on the basis of the published information the status and content of the rights arising from the

shares are clear and unambiguous;

• the features of shares enable fair, orderly and efficient trading;

• trading in shares on the stock exchange market is in the interest of not only the existing

shareholders but also in the interest of potential new investors;

• circumstances related to the issuer do not provide for fair, orderly and efficient trading with the

shares of the issuer on the stock exchange market, etc.

(3) Temporary suspension of trading due to safeguarding of investors’ interests can be implemented if in

an individual case the Exchange discovers that an individual criterion or more criteria are not met. Which

criterion will be considered in a specific case depends on each individual case, whereby the following

criteria are mainly taken into account:

• characteristics and legal status of an individual security;

• segmentation of a security;

11 | Instructions for Stock Market Issuers

• the type of need for safeguarding of investors’ interests;

• discovered deviation within the framework of monitoring an issuer and its security, etc.

5. DELISTING SECURITIES

Application for Delisting Shares

Article 12

(1) In accordance with Article 34 of the Rules, a well-grounded application for delisting shares from the

stock exchange market may be filed by:

1. the issuer,

2. the person at whose request (but without the issuer's consent) the shares were listed on the stock

exchange market.

(2) In the event of an effective resolution on the delisting of its shares from the regulated market, the

issuer shall file with the Exchange the Application for Delisting Securities from Stock Exchange Market

(Attachment 6) and supplement it with:

1. a validly adopted resolution on the delisting of shares from the regulated market, in the form of a

copy of a notarial record;

2. notice on the entry of the resolution on delisting from the regulated market into the register of

companies.

(3) In case of other just reasons related to the issuer or security (e.g. merger or corporate restructuring or

the winding up of a company), the issuer shall file the Application for Suspension of Trading and

Application for Delisting immediately after having filed the application for the entry of the AGM resolution

into the register of companies. On the basis of the filed documentation and in compliance with the

issuer's Application, the Exchange shall halt trading in the respective security until it is to be delisted.

(4) On the day shares are delisted, the Listing Agreement shall terminate.

Special Rules for Delisting Shares upon Initiation of Bankruptcy Proceedings of Issuer

Article 13

(1) Should an issuer undergo bankruptcy proceedings, its shares shall be delisted in accordance with Articles

34 and 35 of the Rules, either following the application for delisting from the stock exchange market

filed by the Official Receiver (evidence of finality of the court’s resolution on initiated bankruptcy

proceedings) or on the basis of the Exchange’s measures (after having received the notice by central

depository – KDD on deletion of shares from the central register).

(2) In cases of issuers’ compulsory settlement, their shares shall normally not be delisted, unless its AGM

had adopted a resolution on delisting from the regulated market or unless other general reasons call

for it, as given in Article 34 of the LJSE Rules (e.g. measures by supervisory bodies, etc.).

Delisting Bonds

Article 14

(1) The Exchange shall delist bonds from the Stock Exchange market:

1. if all liabilities under these bonds have reached maturity,

2. if reason for delisting, referred to in Article 34 (1) of the Rules, are present, and

12 | Instructions for Stock Market Issuers

3. if receiving a well-grounded application from the issuer for the delisting of its bonds, filed on the

form from Attachment 6 hereunder, whereby the bonds shall be delisted after three months have

passed from the date the decision on delisting was adopted.

(2) In case of a change in the features of bonds referred to in item 3 of Article 42 (2) of the Rules, which

is not provided in the prospectus and which results in expiration of the existing liability arising from

bonds and formation of a new liability, it is considered that such bonds no longer meet the conditions

for trading. The issuer or the person who applied for the listing of bonds must provide the Exchange

with an Application for Suspension of Trading or Application for delisting of bonds from the stock

exchange market at the latest when relevant order is filed for effecting the change in the central registry.

On the basis of the filed documentation and in compliance with the issuer's Application, the Exchange

shall halt trading in the respective bond until it is to be delisted or shall decide on delisting of bonds.

(3) In the event of an effective resolution on the delisting of its bonds from the regulated market, the issuer

must file with the Exchange the Application for Delisting Securities from Stock Exchange Market

(Attachment 6) and supplement it with:

1. a validly adopted resolution on the delisting of bonds from the regulated market, in the form of a

copy of a notarial record attested by a notary public;

2. Issuer’s consent to delisting of bonds from the regulated market (which may be included in the

minutes from the bondholders’ meeting);

3. a notice about the public announcement of notary’s minutes from the bondholders’ meeting, which

contains the resolution on the delisting of bonds from the regulated market.

(4) On the day bonds are delisted, the Listing Agreement shall terminate.

Delisting Money Market Instruments

Article 15

(1) In accordance with Article 45 of the Rules, the Exchange deliberates on the delisting of money market

instruments according to the procedure stipulated in Article 44 of the Rules regarding procedures for

bonds.

(2) In accordance with Article 45 of the Rules and on the basis of an application from the issuer, the

Exchange may decide to temporarily suspend or delist money market instruments after summary

proceedings as soon as upon their listing by:

1. suspending trading and delisting from trading on the stock exchange market on a day requested

by the issuer (e.g. in case of government T-bills, two (2) working days prior to their maturity);

2. delisting them on the day of maturity, as given in the application for delisting by the issuer.

(3) If a Listing Agreement refers to several issues of money market instruments, it terminates upon the

delisting of the last issue subject to the Listing Agreement.

Application for Delisting Open-end Funds

Article 16

The Exchange shall delist open-end fund shares from the Stock Exchange market:

1. if reasons for delisting, referred to in item 1 of Article 50 (3) of the Rules, are present, and

2. if receiving a well-grounded application from the issuer for the delisting of its open-end fund

shares, filed on the form from Attachment 6 hereunder, whereby the open-end fund shares shall

be delisted after three months have passed from the date the decision on delisting was adopted.

13 | Instructions for Stock Market Issuers

6. ISSUERS’ OBLIGATION TO FURNISH APPLICATIONS, DOCUMENTS AND

DATA

Applications for Listing, Change in Listing, Transfer, Suspension of Trading, Delisting

Article 17

(1) In accordance with the Rules, issuers are obliged to provide the Exchange with requisite Applications,

the forms of which are appended to these Instructions, in the manner specified in Chapter 8 hereunder,

depending on the situation:

1. applications for listing securities or money market instruments on the stock exchange market

(Attachments 1, 7, 9, 11, 13, 14 and 16),

2. in case of changes to listing – Application for Change in Number and/or Features of Securities or

Money Market Instruments (Attachment 4),

3. applications for delisting securities or money market instruments (Attachment 6),

4. applications for transfer of securities (Attachment 3),

5. application for a temporary suspension of trading in securities or money market instruments

(Attachment 5).

(2) The application for listing securities or money market instruments on the stock exchange market

consists of a signed and completed form referred to in item 1 of par. 1 of this Article and the Listing

Agreement. The Listing Agreement must be signed by the issuer or person applying for listing and

furnished to the Exchange together with the form referred to in item 1 of par. 1 of this Article.

Supplementing an Application with Documentation

Article 18

The issuer shall enclose to each application the documentation listed as obligatory attachments in the

respective application forms.

Deadline for Filing Application

Article 18 a

(1) The issuer must file the application at the latest within the following deadlines:

1. Application for Change in Security:

• due to a change in number and/or features of securities: at the latest when filing an

application for entry of the change in the register of companies;

• in other cases – immediately after the reasons for filing the application arise.

2. Application for Suspension of Trading:

• due to failure to meet the conditions for trading:

• due to statutory restructuring of the issuer’s company – at the latest when filing an

application for entry of the change in the register of companies;

• due to winding-up of the issuer’s company – at the latest when filing an application for

entry of the change in the register of companies;

• due to performing procedures in the central registry or central depository – 4 working days

before the cut-off date for the execution of the corporate action, due to which the suspension

of trading on the stock exchange market is needed, in the central registry;

• due to safeguarding of investors’ interests:

• due to minority squeeze-out: at the latest the day after the adoption of the resolution

by AGM on the minority squeeze-out;

14 | Instructions for Stock Market Issuers

• due to commencement of bankruptcy proceedings – immediately after receiving a court’s

decision on commencement of bankruptcy proceedings if the request is filed by the

issuer;

• in other cases – immediately after the reasons for filing the application arise.

3. Application for Delisting:

• due to failure to meet the trading conditions – immediately after the reasons due to which

the issuer or security no longer meet the trading conditions on the stock exchange market

emerge;

• due to operation of the holders’ decision regarding the delisting of:

• shares from the organised market – at the latest the following day after receiving a

court’s decision on the entry of the decision on the delisting of shares from the regulated

market into the register of companies;

• bonds from the organised market – at the latest the following day after the public

announcement of notary’s minutes from the bondholders’ meeting, which contains the

resolution on the delisting of bonds from the regulated market;

• due to initiation of bankruptcy proceedings (filed by the Official Receiver ) – immediately

after the finality of a court’s decision on initiation of bankruptcy proceedings;

• in other cases – immediately after the reasons for filing the application arise.

Fact Sheets Required for Trading

Article 19

(1) Upon the listing of a security or money market instrument on the stock exchange market, the issuer

shall provide the Exchange with the information required in Attachment 8 hereunder.

(2) Should the information referred to in par. 1 of this Article change after being submitted to the Exchange,

the issuer shall immediately provide the Exchange with any such change in the manner specified in par.

3 of this Article.

(3) The information referred to in par. 1 and 2 of this Article shall be e-mailed to [email protected].

Provision of Prospectus

Article 20

The issuer, or person that may under the provisions of the ZTFI-1 request the listing of a security on the

stock exchange market, must upon listing – in the event that a prospectus has been drawn up – provide

the Exchange with an electronic version of the prospectus and any supplements thereof as authorised by

the Agency or another authoritative body, or a simplified prospectus, in the manner specified in Chapter 8

hereunder.

Report on Value of Close-End Fund Shares

Article 21

(1) In accordance with the Rules, the asset management company managing the close-end fund (DZU)

shall be obliged to daily report to the Exchange the value of its close-end fund share, on a form

appended to these Instructions. The report with the value(s) of close-end fund shares as of the previous

trading day is to be emailed to the Exchange to [email protected] by 13.00 on the current trading

day.

(2) The reporting obligation takes effect one trading day after the first day of trading on the Exchange.

15 | Instructions for Stock Market Issuers

(3) The serial report number is composed as follows: “year / three digit serial report number” (example:

2019 / 001). The date of the report is the date on which the company faxes the report to the Exchange.

Report on Value of Open-End Fund NAV per Unit

Article 22

(1) Duties of open-end funds and asset management companies managing them (DZUs), related to

disclosing information and reporting to the Exchange and the public, are governed by the ZISDU

(Slovene Investment Funds and Management Companies Act) and other laws and bylaws.

(2) In accordance with the Rules, a DZU shall be obliged to daily report to the Exchange the value of its

open-end fund NAV per unit, on a report form appended to these Instructions. The report with the

mentioned data as of the last accounting day is to be emailed to the Exchange to upravljanje-

[email protected] by 13.00 on the current trading day.

(3) The reporting obligation takes effect one trading day after the first day of trading in close-end fund

shares on the Exchange. The serial report number is composed as follows: “year / three digit serial

report number” (example: 2019 / 001). The date of the report is the date on which the company sends

the report to the Exchange.

(4) The DZU shall be obliged to report to the Exchange on events relevant for regulated trading in open-

end fund shares, in the manner stipulated in Chapter 8 hereunder.

7. SERVING THE EXCHANGE SUMMONS ON ISSUERS

Serving Resolutions and Contracts

Article 23

(1) The Exchange serves resolutions and contracts in accordance with Article 185 of the Rules, thus via

registered mail with an acknowledgement of receipt.

(2) Other documents are served by mail, fax, e-mail and/or in the manner stipulated in Chapter 7

hereunder.

Informing Issuers

Article 24

(1) The Exchange informs issuers and other users by email to the address provided in Attachment 15

hereunder. Emailing is mainly used to inform about new or changed Exchange acts being adopted.

(2) The Exchange's notices are considered served on the issuer or other user on the day it was emailed to

the address referred to in par. 1 of this Article.

(3) The Exchange also users alternate means of informing issuers:

1. by posting notices on SEOnet,

2. by posting press releases on its website.

Serving the Exchange Summons on Issuers

Article 25

16 | Instructions for Stock Market Issuers

(1) In accordance with Articles 65 and 68 of the Rules, the Exchange may request the issuer to:

1. explain the reasons and circumstances related to their non-compliance with any conditions for

trading, or provide a requisite application for a certain action or measure; or

2. explain the reasons and circumstances related to non-compliance with their obligation to disclose

regulated information.

(2) The Exchange summons shall be considered served on the issuer on the day it was emailed to the email

address given as the issuer's e-mail address on Attachment 15, in accordance with Article 24 hereunder.

8. MANNER OF PROVIDING NOTICES AND DOCUMENTATION TO THE

EXCHANGE, AND MANNER OF PUBLICATION

Communicating Notices and Documentation to the Exchange

Article 26

(1) All notices that the issuer is obliged to provide to the Exchange under law (e.g. regulated information)

and the Rules, along with all the supporting documentation (such as annual reports, semi-annual

reports, materials for the AGM, the notary’s minutes from the AGM, etc.) shall be delivered to the

Exchange – taking into account the urgency of delivery and scope of document – in one of the following

manners:

1. via the pre-pay SEOin system;

2. via direct entry into INFO STORAGE;

3. by e-mail to [email protected];

4. in other ways:

• by mail, addressed to Ljubljana Stock Exchange, Slovenska 56, 1000 Ljubljana, Slovenia;

• in person, to the Exchange registered office (secretariat).

(2) Notwithstanding the provisions of par. 1 of this Article, the issuer shall be obliged to provide the

Exchange with a prospectus authorised by the Agency or another authoritative body, in electronic form,

together with possible supplements or a simplified prospectus:

1. through the pre-paid SEOin system, or

2. by email to [email protected], or

3. through other media (CD).

(3) Should the delivery of the notice, application (e.g. for suspension of trading) or other documentation

be of an urgent nature, the issuer may email it to the Exchange to [email protected]. Files

enclosed to the notices sent by email may be of the following formats: MS Word, MS Excel, RTF files,

Adobe Acrobat Reader, text files, JPG files and GIF files.

(4) Notwithstanding the provisions of par. 1 of this Article, the issuer must provide the Exchange all

applications, which need to be addressed as priority in accordance with the Rules, i.e. on the same day,

as they become executable on the next trading day, by 11 a. m. at the latest. Scans of signed originals

are to be emailed to [email protected]. For any applications received after 11 a. m. the Exchange

does not guarantee a priority treatment.

(5) Notwithstanding the provisions of par. 1 of this Article, the issuer must provide the Exchange all

applications, which need to be addressed as urgent in accordance with the Rules, i.e. applications,

17 | Instructions for Stock Market Issuers

which need to be addressed before the start of trading on the current day, by 8.30 a. m. at the latest.

Scans of signed originals are to be emailed to [email protected]. For any applications received

after 8:30 a. m. the Exchange does not guarantee a timely treatment.

(6) When sending documents to the Exchange in accordance with these Instructions, the issuer is obliged

to protect the personal data not relevant for the implementation of the procedure (e.g. by blackening

out personal data so as to prevent reading).

Communication of Notices by Issuers – not SEOin Subscribers

Article 27

For issuers that do not enter into a pre-paid agreement for SEOin, the publication of their notice in INFO

STORAGE shall be considered as if they had provided the notice to the Exchange.

Communication of Notices by Issuers – SEOin Subscribers

Article 28

(1) A SEOin subscriber shall enter into an agreement with the Exchange on the use of the SEO system.

Conditions and terms of use of the SEOin are given in the SEOin Users’ Guide.

(2) A SEOin subscriber shall be obliged to use an appropriate SEOin notice type (entry interface) depending

on the content of the notice to be published, in accordance with the SEOin Users’ Guide.

(3) Should any attached files contain a virus, the Exchange shall neither examine nor publish them, while

it shall immediately notify the issuer thereof. Should the Exchange receive a contaminated file, the

issuer shall be obliged to provide, as soon as possible, another file or necessary information, in a manner

enabling the Exchange to examine and publish it.

(4) The notice shall be considered received by the Exchange once posted on SEOnet.

Manner of Publishing Notices on SEOnet

Article 29

(1) The manner of publishing notices on the SEOnet is stipulated by the SEOin Users’ Guide.

(2) A SEOin subscriber may normally formulate and design notices 24 hours a day. The Exchange performs

editing tasks each working day in accordance with General Terms for SEO and INFO STORAGE. Any

change in the provision of editing tasks is publicly announced by the Exchange on SEOnet.

(3) The Exchange strives to publish public announcements on SEOnet in accordance with the guidelines

provided by its subscribers, and to publish them as soon as possible.

(4) Public announcements on SEOnet are published in accordance with General Terms for SEO and INFO

STORAGE.

(5) Unless the issuer and the Exchange agree otherwise, the notice will be published at the time defined

by the user if complete documentation is received at least 30 minutes prior to that time.

Alternatives to SEOin

Article 30

(1) Should the subscriber be unable to use the SEOin system:

18 | Instructions for Stock Market Issuers

1. it shall be obliged to immediately notify the Exchange (over the phone);

2. it shall be obliged to, after ascertaining the problem together with the Exchange, deliver both, the

notice intended for public disclosure as well as a report on the discovered problem hindering the

use of SEOin, as instructed by authorised persons at the Exchange, in one of the manners specified

in Article 26 hereunder.

3. the Exchange shall ensure the public announcement of the notice on SEOnet or, should it be out

of order, on the alternate address http://seonetbackup.ljse.si, while also duly notifying the

subscriber thereof.

(2) Should the subscriber experience self-inflicted problems or errors and therefore be unable to use the

SEOin system, the Exchange will post a notice in its name on SEOnet if asked to do so and charge the

applicable fee in accordance with its Fee Schedule.

Responsibility for the Content of Notices on SEOnet

Article 31

(1) SEOin subscribers are fully responsible for the truthfulness, completeness and accuracy of the notices

delivered to the Exchange. Detailed provisions on responsibility are provided in the SEO System Services

Use Agreement and in the General Terms and Conditions of Providing SEO and INFO STORAGE Services,

and – with respect to the public – in the General Terms and Conditions of Access to and Use of SEOnet,

available at http://seonet.ljse.si.

(2) The subscriber should make a list of persons authorised to communicate the notices. The Exchange

shall designate these persons with user names and passwords.

(3) Along with the Exchange, the subscriber and the subscriber’s authorised person who was attributed

with SEOnet personal identification elements shall also bear full responsibility for an appropriate use of

personal identification elements. The subscriber shall be obliged to duly notify the Exchange of any

change to the above-mentioned list of authorised persons.

Accessibility of SEOnet and Alternatives to SEOnet

Article 32

(1) SEOnet notices are made available to the interested public in the Ljubljana Stock Exchange Price List at

https://www.ljse.si by choosing the 'SEOnet' icon, or directly at http://seonet.ljse.si.

(2) Should the central SEOnet system be out of order, the Exchange shall ensure access to SEOnet

announcements at the alternate location http://seonetbackup.ljse.si. The Exchange shall strive to the

best of its abilities to maintain the alternate location at a minimum working level, this meaning that it:

1. continually provides a list of all public announcements within the last seven days, as well as

ensures access to these announcements and to notices on the publication of all public

announcements (insofar as the Exchange has been notified of them);

2. prolongs the afternoon time for public announcements should this be deemed necessary.

19 | Instructions for Stock Market Issuers

9. THE EXCHANGE’S INFORMING OF THE AGENCY

Informing the Agency

Article 33

(1) In accordance with the ZTFI-1, executive regulations and Article 196 (1) of the Rules, the Exchange

shall inform the Agency of:

• a received application for listing, within three (3) working days of receiving it;

• its decision on an application for listing, within three (3) working days of adopting it;

• its dismissal of an application for listing, within three (3) working days of dismissing it;

• its decision on a temporary suspension of trading, immediately or the following working day at

the latest;

• its decision on delisting, immediately or the following working day at the latest;

• other matters stipulated by executive regulations, within three (3) working days of receiving it

(revocation of its decision about an application for listing, beginning of trading, listing of an

additional number of securities, transformation of a class of securities, merger, transfer of

securities, decrease in the number of securities).

(2) The Exchange shall inform the Agency in writing, by regular mail, or in other manners subject to

agreement.

10. MAKING EXCHANGE INFORMATION PUBLIC

Making Exchange Information Public

Article 34

(1) In accordance with Article 196 of the Rules, the Exchange posts on its website information on:

• listing, within three (3) working days of the listing and before the start of trading;

• temporary suspension of trading, on the day of the suspension or on the day when the decision

to suspend trading is adopted if this is in advance of the day of the actual suspension;

• delisting, on the day of the delisting or on the day when the decision to delist is adopted if this is

in advance of the day of the actual delisting.

(2) On its website the Exchange also posts information on classifications and transfers of securities on the

stock market.

11. NOTIFYING MEMBERS OF HOW TO ACCESS REGULATED INFORMATION

Notifying Member Firms

Article 35

(1) The Exchange shall continuously inform its members of the possibilities to access regulated information

as published by issuers in accordance with Chapter 3 of the ZTFI-1 or the MAR, by informing them of:

1. the issuer's manner of publication of regulated information and their selected publication venue;

2. which OAM (officially appointed mechanism) system the issuer has chosen for storing its regulated

information.

20 | Instructions for Stock Market Issuers

(2) The Exchange shall provide information from the previous paragraph to its members by posting on its

website (www.ljse.si) a list of the available publication venues where issuers publish their regulated

information.

12. DATA CONFIDENTIALITY

Data Confidentiality

Article 36

All issuers’ notices and other information delivered to the Exchange and/or publicly disclosed by issuers in

accordance with the Rules and the law shall be, prior to their publication, treated as confidential data by

the Exchange. Their content shall only be revealed to those employees directly responsible for them and

who shall in turn use them only in the course of regular activities directly related to this information.

13. TRANSITIONAL AND FINAL PROVISIONS

Adopting Instructions

Article 37

(1) These Instructions and amendments thereof shall be adopted by the Exchange Management Board.

(2) These Instructions and amendments thereof shall apply from the 15th day after being posted on the

Exchange website, unless the Exchange stipulate a shorter period in a particular case for serious reasons

or unless this Chapter provide otherwise.

Applicability of Instructions

Article 38

(1) These Instructions shall be posted on the Exchange website, and shall apply from 15th day after being

posted on the Exchange website.

(2) After these Instructions become applicable, the Instructions for Stock Exchange Market Issuers dated

22 December 2019 shall terminate.

Ljubljana, 1 July 2019

Ljubljana Stock Exchange Inc. Management Board

Nina Vičar, MSc

Member of the Management Board

Aleš Ipavec, MSc

President of the Management Board

21 | Instructions for Stock Market Issuers

ATTACHMENTS (application forms):

1. Application Form for Listing Shares

2. Distribution of Class of Shares in Public

3. Application for Transfer of Shares

4. Application for Change in Number and/or Features of Listed Securities or Money Market

Instruments

5. Application for Temporary Suspension of Trading in Securities or Money Market Instruments

6. Application for Delisting of Securities or Money Market Instruments

7. Application Form for Listing Bonds

8. Bond Issue Fact Sheet

9. Application Form for Listing Open-end Fund Shares

10. Report on Open-end Fund NAV per Unit

11. Application Form for Listing Close-end Fund Shares

12. Report on Value of Close-end Fund Shares

13. Application Form for Listing Structured Products

14. Application Form for Listing Depositary Receipts

15. User’s E-Mail Address

16. Application Form for Listing Money Market Instruments

22 | Instructions for Stock Market Issuers

APPLICATION FORM FOR LISTING SHARES (Form 01/SVP)

Applicant

(issuer; person with issuer's

consent; person without issuer's

consent)

Date filed

Date received

(completed by Exchange)

1. General information on issuer

1.1. Market segment (circle) Prime Market Standard Market

1.2. Issuer firm

1.3. Issuer registered office

1.4. Issuer address

1.5. Issuer ID no

1.6. Issuer LEI Code

1.7 Issuer FISN Code

1.8 Issuer home state

(for shares by issuers from third countries – investment firm authorized for listing procedure)

1.9 Date of incorporation

1.10 Business activity

1.11 General information on share to be listed

a. Symbol

b. Class

c. Number

d. Type (circle) no-par value shares par value shares

e. Nominal value (for par value shares)

f. Total issue value to be listed

g. Name of central depository of dematerialized securities

and date of entry

h. Date of entry into central depository

i. Materialized shares collectively held in central depository

1.12. Prospectus published (date, venue)

1.13. Reference price on first trading day

1.14. Requested date of listing:

1.15. Requested date of beginning of trading:

2. Shares listed on another regulated market (circle) yes no

1.1. Which regulated market

3. Liquidity provider (LP) (fill out if applicable) yes no

3.1. LP firm

3.2. LP registered office

Statement: by signing this application the issuer confirms to have concluded a valid agreement on liquidity provision for

the class of shares subject to this Application.

23 | Instructions for Stock Market Issuers

4. Selected officially appointed mechanism (OAM)

5. Manner of publishing information (which medium)

6. Contact info

a. Issuer’s contact person

b. Telephone no.

c. E-mail address

7. Allocation into stock exchange markets

7.1. Allocation into Standard Market – Attachments required along with Application

a) If prospectus was drawn up • regulator’s decision on authorization of the prospectus

• prospectus with possible supplements in electronic form,

authorized by an authoritative body

b) If prospectus was not

mandatory

• issuer's statement on making use of the exemption from publication of the

prospectus, along with the issuer’s notice on such a statement having been

provided to the regulator

c) Always for Entry Market • certificate stating that the legal position of the issuer (its incorporation and

legal form of organization) is in compliance with the regulations in force in

the state of its registered office;

▪ issuer’s articles of association, consolidated version;

▪ extract from the register of companies;

• certificate stating that the securities have been validly issued (in

dematerialized form and have been entered into the central registry, or in

materialized form and are collectively held in the central depository) and

that the conditions for reliable settlement of trades in these securities are

met

• the form Issuer Fact Sheet – completed and emailed to the Exchange

• the form User’s E-Mail Address

• evidence of payment of the fee for deciding on listing (payment is to be

credited in compliance with the Exchange Fee Schedule in force from time to

time, to current account number 03100-1006373354 held by SKB BANKA d.

d. Ljubljana)

7.2. Allocation onto Prime Market

a. all attachments as for 7.1., along with:

b. capital as at last audited balance sheet (with date)

c. additionally:

− audited annual reports for past 3 financial years

− completed form Distribution of Class of Shares in Public with no. of

shareholders

d. issuer’s statements:

▪ The issuer hereby commits to disclose information and report under

International Financial Reporting Standards.

▪ The issuer hereby commits to provide the summaries of its public

announcements in English.

▪ The issuer hereby commits to publish its interim reports, financial

calendar and declaration on compliance with a Corporate Governance

Code, in accordance with Article 26 of the Rules.

▪ The issuer hereby commits to strive to the best of its abilities to meet

the best practices of disclosure, stipulated in the Exchange Guidelines on

Disclosure.

24 | Instructions for Stock Market Issuers

The applicant hereby states that all the securities from the class subject to the application for listing on the stock

exchange market are fully paid-in and freely transferable.

(Legally binding signature and issuer’s seal)

Note: In accordance with Articles 187 and 190 of the Rules, the Application Form for Listing Shares constitutes only

a part of the full application on the basis of which the Exchange may adopt the decision to list shares. The full

application includes the completed and duly signed Application Form for Listing Shares and the Listing Agreement

signed by the applicant. The Listing Agreement is available at the Exchange.

25 | Instructions for Stock Market Issuers

DISTRIBUTION OF CLASS OF SHARES IN PUBLIC

(Form 02/SVP)

Issuer firm

Distribution as at (date)

No. of shares % in total issue

Shares held by individuals, exceeding 5% of the entire issue

Shares held by members of management, if their stakes

together exceed 5% of the entire issue

Shares held by members of supervisory board, if their stakes

together exceed 5% of the entire issue

Shares held by open-end funds and pension funds, if their stake

exceeds 25% of the entire issue

Total shares to be listed

No. of all shareholders

(Legally binding signature and issuer’s seal)

26 | Instructions for Stock Market Issuers

APPLICATION FOR TRANSFER OF SHARES

(Form 03/SVP)

Applicant

Date filed

Date received

(completed by Exchange)

1. General information on issuer

1.1.Current market (circle) Prime Market Standard Market

1.2. Desired market (circle) Prime Market Standard Market

1.3. Issuer firm

1.4. Issuer address

1.5. Issuer ID no.

1.6. Issuer LEI Code

1.7. Date of incorporation

1.7. General information on share to be listed

a. Symbol

b. Class

c. Number

d. Type (circle) no-par value shares par value shares

e. Nominal value (for par value shares)

f. Total issue value

2. Liquidity provider (LP) (fill out if applicable) yes no

2.1. LP firm

2.2. LP registered office

Issuer Statement: by signing this application the issuer confirms to have concluded a valid agreement on liquidity

provision for the class of shares subject to this Application.

3. Transfer between markets – Conditions, and attachments required along with Application

3.1. Transfer onto Prime Market

a. capital as at last audited balance sheet (with date)

b. audited annual reports for past 3 financial years

c. completed form Distribution of Class of Shares in Public with no. of

shareholders

d. issuer’s statements:

▪ The issuer hereby commits to disclose information and report under

International Financial Reporting Standards.

▪ The issuer hereby commits to provide the summaries of its public

announcements in English.

▪ The issuer hereby commits to publish its interim reports, financial

calendar and declaration on compliance with a Corporate Governance

Code, in accordance with Article 2 of the Rules.

27 | Instructions for Stock Market Issuers

▪ The issuer hereby commits to strive to the best of its abilities to meet

the best practices of disclosure, stipulated in the Exchange Guidelines

on Disclosure.

4. The applicant hereby commits to settle the transfer fee, as invoiced by the Exchange.

(Legally binding signature and issuer’s seal)

28 | Instructions for Stock Market Issuers

APPLICATION FOR CHANGE IN NUMBER AND/OR FEATURES OF LISTED

SECURITIES OR MONEY MARKET INSTRUMENTS (Form 04/SVP)

Applicant

Date filed

Date received

(completed by Exchange)

1. Issuer firm

2. Issuer registered address

3. Issuer address

4. Issuer ID no.

5. Security or money market instrument subject to change

a. Symbol

b. Type

c. Class

d. Number before change

6. Type of change

7. Security or money market instrument after change

a. Symbol

b. Number

c. Nominal value

8. Prospectus

(publication date, venue)

9. Is the change in

accordance with the

published prospectus?

1. YES

2. NO

(circle in cases of changes in the

features of bonds)

10. Reference Price

(first trading day after the

change)

11. Additional clarifications of

the issuer

12. Attachments to Application

12.1. Application for increase in number of securities or money market instruments

a) If prospectus was drawn up • regulator’s decision on authorization of the prospectus;

29 | Instructions for Stock Market Issuers

• prospectus with possible supplements, in electronic form, authorized

by an authoritative body;

b) If prospectus was not mandatory • issuer's statement on making use of the exemption from publication

of the prospectus, along with the issuer’s notice on such a statement

having been provided to the regulator;

c) Always for change in number • relevant resolution on the respective increase adopted by the AGM;

• notice of the resolution on the capital increase being entered into the

register of companies, or the resolution on issuance of securities or

money market instruments;

• form 02/SVP: Distribution of Class of Shares in Public (provide in

cases of changes in the number of shares included in the Exchange’s

index SBI TOP);

• certificate stating that the securities have been validly issued (in

dematerialized form and have been entered into the central registry,

or in materialized form and are collectively held in the central

depository) and that the conditions for reliable settlement of trades in

these securities or money market instruments are met;

• evidence of payment of the fee for deciding on the change (payment

is to be credited in compliance with the Exchange Fee Schedule in

force from time to time, to current account number 03100-

1006373354 held by SKB BANKA d. d. Ljubljana)

12.2. Application for decrease in number of securities or money market instruments

• relevant resolution on the respective change adopted by the AGM or

notice of the resolution on the capital decrease being entered into

the register of companies;

• evidence of payment of the fee for deciding on the change (payment

is to be credited in compliance with the Exchange Fee Schedule in

force from time to time, to current account number 03100-

1006373354 held by SKB BANKA d. d. Ljubljana)

12.3. Application for change in features of securities or money market instruments

• relevant resolutions on the respective change adopted by the AGM or

other authoritative body;

◼ in cases of changes in features of bonds:the form Issuer Fact

Sheet completed and submitted to the Exchange by e-mail

[email protected];

◼ amended and with KDD negotiated amortisation schedule;

• certificate stating that the securities have been validly issued (in

dematerialized form and have been entered into the central registry,

or in materialized form and are collectively held in the central

depository) and that the conditions for reliable settlement of trades in

these securities or money market instruments are met;

• evidence of payment of the fee for adopting decisions (payment is to

be credited in accordance with the Exchange Fee Schedule in force

from time to time, to current account number 03100-1006373354

held by SKB BANKA d. d. Ljubljana)

13. The applicant hereby states that all the securities or money market instruments from the class subject to the

application for listing on the stock exchange market are fully paid-in and freely transferable.

14. The applicant hereby commits to settle the listing fee for the listing of further issues, as invoiced by the Exchange.

(Legally binding signature and issuer’s seal)

30 | Instructions for Stock Market Issuers

APPLICATION FOR TEMPORARY SUSPENSION OF TRADING IN

SECURITIES OR MONEY MARKET INSTRUMENTS (Form 05/SVP)

Applicant

Date filed

Date received

(completed by Exchange)

1. Issuer firm

2. Issuer registered office

3. Issuer address

4. Issuer ID no.

5. Security or money market instrument to be suspended

a. Symbol

b. Type

6. Reason for temporary suspension of trading (circle number before reason)

6.1. The issuer’s business operations have encountered a business event or circumstance not known to the wide

public, which could affect the price of the issuer’s security or money market instrument, and the issuer has been

unable to inform the public of the specific event or circumstance in due time.

6.2. An important business event (the signing/cancellation of a contract, adoption of a resolution by the supervisory

board or AGM, etc) will occur during trading hours and the issuer will not be able to ensure confidentiality of the

relevant information before it is properly publicly disclosed.

6.3. A temporary suspension of trading is necessary due to procedures to be carried out in the KDD central registry.

6.4. Other reasons (e.g. extension of a temporary suspension of trading, etc).

6.5. The issuer has encountered circumstances due to which the management intends to file or has filed for the

initiation of bankruptcy proceedings in accordance with the Financial Operations, Insolvency Proceedings and

Compulsory Dissolution Act (ZFPPIPP).

6.6. The issuer has encountered circumstances that could result in the company’s compulsory settlement or

bankruptcy or other proceedings in accordance with ZFPPIPP, while:

• the media had been speculating on the issuer’s financial health and future operations, or

• an important business event has occurred or could occur, or a key decision has been or could be adopted

by the issuer, which will impact the company’s future operations, but since the decision was adopted

independently of the company’s management and supervisory bodies the issuer was unable to ensure a

proper public announcement.

6.7. On AGM the shareholders adopted a decision on minority squeeze-out and transfer of shares to the majority

shareholder.

In cases from points 6.1, 6.2 and 6.3, the issuer commits to ensure proper public disclosure of the

relevant information. The temporary suspension of trading shall last one trading day at the most, unless

the circumstances of a case of the issuer's application demand a longer halt.

7. Additional explanation

31 | Instructions for Stock Market Issuers

8. Proposed duration of suspension of trading

a) beginning of suspension (day & time or »as soon

as possible«)

b) resumption of trading (day & time or description,

e.g. after the procedure in central registry has been

carried out)

9. Contact details

a) issuer contact person

b) telephone no

c) fax no

10. Attachments

• Requisite attachments evidencing that the Application is well-grounded

• evidence of payment of the fee for adopting decisions (payment is to be credited in accordance with the

Exchange Fee Schedule in force from time to time, to current account number 03100-1006373354 held by

SKB BANKA d. d. Ljubljana)

(Legally binding signature and issuer’s seal)

32 | Instructions for Stock Market Issuers

APPLICATION FOR DELISTING

SECURITIES OR MONEY MARKET INSTRUMENTS (Form 06/SVP)

Applicant

Date filed

Date received

(completed by Exchange)

1. Issuer

Firm

Registered office

Address

ID no.

2. Person that filed the

Application for listing without

the issuer’s consent

3. Security or money market instrument to be delisted

a) Type

b) Symbol

c) Class

d) Number

4. Currently listed on (market)

5. Reason for delisting (mark) • just reason related to the issuer or security or money market

instrument (e.g. merger or corporate restructuring, or dissolution);

• resolution by the General Meeting of Shareholders / Bondholders on

delisting from the regulated market.

6. General Meeting of Shareholders / Bondholders that adopted the resolution on delisting

a) Date of meeting

b) % of share capital, minus % of

treasury shares (% of shares with

voting rights), supported resolution

on delisting shares or

% of the sum of all liabilities

contained in a certain bond issue,

supported resolution on delisting of

bonds

c) Delisting date

(when legal requirements are met)

Attachment to Application:

• copy of AGM’s notary’s minutes, copy of the entry of the resolution on delisting into the register of companies

(for delisting of shares)

• copy of notary’s minutes from the bondholders’ meeting, notice on the public announcement of the notary’s

minutes from the bondholder’s meeting (for delisting of bonds)

7. Proposed date of delisting

33 | Instructions for Stock Market Issuers

8. Additional explanation

9. Attachment to Application • evidence of payment of the fee for deciding on delisting (payment

is to be carried out in compliance with the temporary Exchange Fee

Schedule, to account number 03100-1006373354 held by SKB

BANKA d. d. Ljubljana)

(Legally binding signature and issuer’s seal)

34 | Instructions for Stock Market Issuers

APPLICATION FORM FOR LISTING BONDS

(Form 07/SVP)

Applicant

Date filed

Date received

(completed by Exchange)

1. Issuer

1.1. Issuer firm

1.2. Issuer registered office

1.3. Issuer address

1.4. Issuer ID no.

1.5. Issuer LEI Code

1.6. Issuer home state

(for bonds by issuers from third countries give investment firm authorized for listing

procedure)

1.7. Issuer activity

1.8. Bond to be listed

a. Symbol

b. Type

c. Number

d. Issue value

f. Name of central depository of dematerialized securities

and date of entry into central depository

g. Materialized shares collectively held in central depository

1.9. Type of bonds

(choose a suitable type for each item a), b) and c)

a) Ordinary Subordinated

b) sovereign

bond

other public

bond

convertible

bond

covered bond corporate

bond

other

c) senior debt mezzanine subordinated debt junior debt

1.10. Prospectus published (date, venue)

Does the prospectus provide the procedure and manner in

which the changes of the essential features in bonds shall

be carried out?

yes no

Does the prospectus provide other changes, which could

affect trading or due to which adjustments on the Exchange

or in KDD would be needed?

yes no

1.11. Currently listed on another regulated

market (circle)

yes no

35 | Instructions for Stock Market Issuers

Which regulated market

1.12. Selected officially appointed mechanism

(OAM)

1.13. Manner of publishing information (which

medium)

2. Contact info

a. Issuer’s contact person

b. Telephone no.

c. E-mail address

3. Attachments required along with Application

a) If prospectus was drawn up • regulator’s decision on authorization of the prospectus

• prospectus with possible supplements in electronic form, authorized by

an authoritative body

b) If prospectus was not

mandatory

• issuer's statement on making use of the exemption from publication of

the prospectus, along with the issuer’s notice on such a statement

having been provided to the regulator;

c) Always for listing bonds • certificate stating that the legal position of the issuer (its incorporation

and legal form of organization) is in compliance with the regulations in

force in the state of its registered office:

▪ issuer’s articles of association, consolidated version;

▪ extract from the register of companies;

• certificate stating that the securities have been validly issued (in

dematerialized form and have been entered into the central registry, or

in materialized form and are collectively held in the central depository)

and that the conditions for reliable settlement of trades in these

securities are met;

• the form Issuer Fact Sheet completed and emailed to the Exchange;

• evidence of payment of the fee for deciding on listing (payment is to be

credited in compliance with the Exchange Fee Schedule in force from

time to time, to current account number 03100-1006373354 held by SKB

BANKA d. d. Ljubljana)

4. Applicant’s Commitments

• The applicant hereby states that all the securities subject to the application for listing on the stock exchange

market are fully paid-in and freely transferable.

• The applicant hereby commits to settle the listing fee, as invoiced by the Exchange.

(Legally binding signature and issuer’s seal)

Note: In accordance with Articles 187 and 190 of the Rules, the Application Form for Listing Shares constitutes only

a part of the full application on the basis of which the Exchange may adopt the decision to list shares. The full

application includes the completed and duly signed Application Form for Listing Shares and the Listing Agreement

signed by the applicant. The Listing Agreement is available at the Exchange.

36 | Instructions for Stock Market Issuers

BOND ISSUE FACT SHEET

(Form 08/SVP)

Please return the completed fact sheet to the Exchange by e-mail.

Applicant

Date filed

Date received

(completed by Exchange)

Issuer and contact person

Symbol (completed by Exchange)

Issuer name (e.g. Republic of Slovenia)

Security name and number of issue ( e.g. Republic of Slovenia, 54th issue)

Issuer business (completed by Exchange)

Contact person (e.g. Market Operations)

Telephone (e.g. 00 386 (1) 47 10 202)

E-mail (e.g. [email protected])

Issued bonds

Maturity period ( 3 years, 4 years, etc)

Type of bond (completed by Exchange)

Currency ( EUR, etc)

Denomination – lot trading unit (e.g. EUR 1,000)

Total number of bonds in issue (e.g. 10,000)

Total nominal value of entire issue (e.g. EUR 100,000)

ISIN (completed by Exchange)

Fixed interest rate (e.g. 5.35%)

Floating interest rate (e.g. EURIBOR, etc)

Manner of payment (e.g. annually, semi-annually, etc)

Number of payments in a year (completed by Exchange)

Coupon date (e.g. 1.6., 1.12.)

First coupon date (e.g. 1.6.2020)

Last coupon date (e.g. 1.6.2030)

Coupon payment date (e.g. 1.6., 1.12.)

Listed from (date) (completed by Exchange)

Accrual period from (e.g. 1.6.2013)

Maturity date (e.g. 1.6.2020)

Early cancellation / redemption (yes, no, etc)

Early payment (yes, no, etc)

Data for calculation and payment of interest

Manner of calculating fixed interest (straight, exponential, etc)

Considered nr. of days is month / year (30/360, actually, etc)

Interest period (first / last day) (first: yes / last: no; first: no / last: yes …)

Rounding off of interest (nr. of decimal places) ( e.g. 2 decimal places, etc)

Rounding off of interest factors (nr. of dec. places) ( e.g. 8 decimal places, etc)

Revalorised value ascribed to principal (yes, no, etc)

37 | Instructions for Stock Market Issuers

Interest payable on (principal, revalorised principal, etc)

Moratorium on principal repayment (date) (e.g. 1.6.2013)

Manner of principal repayment (annually, at the end, etc)

Coupon payments include (fixed interest, floating interest, etc)

Other information

Liabilities guarantee

(e.g. The issuer’s liabilities are secured with all its assets.)

Purpose of issue

(e.g. Issued to credit the state budget.)

Other rights from bonds

(e.g. Right to receive payment of the principal and belonging

interest.)

Record date

Coup. # Symbol Coupon

date Debt status

Interest

payment

Principal

payment

Coupon

value

(or total

payment

for

commercial

papers)

Currency

0

1

2

3

4

38 | Instructions for Stock Market Issuers

APPLICATION FORM FOR LISTING OPEN-END FUND SHARES

(Form 9/SVP)

Applicant

Date filed

Date received

(completed by Exchange)

1. Open-end fund

1.1. Fund name

1.2. Type (equity, bond, balanced, etc)

1.3. Incorporated on:

1.4. No. of shareholders (on date)

1.5. No. of fund shares (on date)

1.6. NAV per unit (on date)

1.7. One fund share is worded on ______________________ (number) of fund net asset units

1.8. Entry into register of dematerialised sec. (date)

1.9. Issuer home state

for issuers from third countries give the inv. firm authorized for the listing

procedure

1.10. Issuer LEI Code

1.11. Issuer activity

1.12. Reference price on first trading day

2. Fund Management Company (DZU)

2.1. DZU firm

2.2. DZU registered office

2.3. DZU address

2.4. DZU ID no.

3. Custodian

3.1. Custodian firm

3.2. Custodian registered office

4. Liquidity provider (LP) (complete if applicable)

4.1. LP firm

4.2. LP registered office

5. Selected officially appointed mechanism

(OAM)

6. Manner of publishing information

(which medium)

7. Prospectus published (date and venue)

8. Contact info

a) Issuer’s contact person

39 | Instructions for Stock Market Issuers

b) Telephone no.

c) E-mail address

9. Listing on the stock exchange market – Conditions, and requisite attachments to Application

• certificate stating that the securities have been validly issued (in dematerialized form and have been entered

into the central registry, or in materialized form and are collectively held in the central depository) and that the

conditions for reliable settlement of trades in these securities are met;

• regulator’s decision on having issued the authorization for rendering investment fund management services;

• DZU articles of association, consolidated version;

• regulator’s decision on having issued the licence to manage the open-end fund, the shares of which are subject

of this Application;

• regulator’s decision authorising the prospectus and summary of the prospectus;

• open-end fund prospectus and summary of the prospectus (drawn up in accordance with the Investment Funds

and Management Companies Act – ZISDU), in electronic form, as authorised by an authoritative body;

• open-end fund Rules of Management, and the regulator’s approval of the Rules;

• evidence of payment of the fee for deciding on listing (payment is to be carried out in accordance with the

Exchange Fee Schedule in force from time to time, to account number 03100-1006373354 held by SKB BANKA

d. d. Ljubljana);

• open-end fund audited annual report and latest semi-annual report, if existent;

• DZU audited annual report, if existent.

The applicant hereby states that all the securities subject to the application for listing on the stock exchange market

are freely transferable.

The applicant hereby binds to pay the listing fee, as invoiced by the Exchange.

(Legally binding signature and issuer’s seal)

Note: In accordance with Articles 187 and 190 of the Rules, the Application Form for Listing Shares constitutes only

a part of the full application on the basis of which the Exchange may adopt the decision to list shares. The full

application includes the completed and duly signed Application Form for Listing Shares and the Listing Agreement

signed by the applicant. The Listing Agreement is available at the Exchange.

40 | Instructions for Stock Market Issuers

REPORT ON OPEN-END FUND NAV PER UNIT

(Form 10/SVP)

Asset management firm

Serial number of report

Date of report

LJSE fax number

+386 1 / 47 10 203

LJSE telephone number

+386 1 / 47 10 202

Address to

Market Operations Department

Date of NAV

Symbol

NAV (in EUR)

(Legally binding signature and issuer’s seal)

----------------------------------------------------------------Completed by Exchange--------------------------------------------------

-------

Received: Date: ___________________ Recorded: Date: __________________

Time: ___________________ Time: __________________

Signature: _______________

41 | Instructions for Stock Market Issuers

APPLICATION FORM FOR LISTING CLOSE-END FUND SHARES

(Form 11/SVP)

Applicant

Date filed

Date received

(completed by Exchange)

Issuer – Investment company (ID)

1. Issuer firm

2. Issuer registered office

3. Issuer address

4. Issuer ID no

5. Issuer LEI Code

6. Incorporated on

7. Share capital (on a specified date)

Issuer home state

for issuers from third countries give the investment firm authorized for the listing

procedure

8. Issuer activity

Asset management company

(DZU)

9. DZU firm

10. DZU registered office

11. Issuer home state _________________________________________________________________

for issuers from third countries give the investment firm authorized for the listing

procedure

12. Close-end fund shares

for listing

a. type (mark) par shares no par shares

b. number

c. nominal value (if applicable)

d. issue value

13. Capital after last aud. bal.

sheet

(on a specific date)

134 Number of shareholders (on a specific date)

15. Reference price (on first day of trading)

16. Selected OAM

17. Manner of publishing

information (which medium)

42 | Instructions for Stock Market Issuers

18. Prospectus,

date & venue of publication

19. Contact info

a) Issuer’s contact person

b) Telephone no.

c) E-mail address

20. Attachments to Application

a) If prospectus was drawn up • regulator’s decision on authorization of the prospectus

• prospectus with possible supplements in electronic form, authorized by an

authoritative body

b) If prospectus was not

mandatory

• issuer's statement on making use of the exemption from publication of the

prospectus, along with the issuer’s notice on such a statement having

been provided to the regulator;

c) • regulator’s decision to provide investment fund management services;

• regulator’s licence to manage investment funds;

• certificate stating that the legal position of the issuer (its incorporation and

legal form of organization) is in compliance with the regulations in force in

the state of its registered office:

◼ DZU and close-end fund articles of association, consolidated

version;

◼ extract from the register of companies;

• close-end fund audited annual report and most recent semi-annual report,

if existent;

• certificate stating that the securities have been validly issued (in

dematerialized form and have been entered into the central registry, or in

materialized form and are collectively held in the central depository) and

that the conditions for reliable settlement of trades in these securities are

met

• DZU audited annual report, if existent;

• evidence of payment of the fee for deciding on listing (payment is to be

credited in compliance with the Exchange Fee Schedule in force from time

to time, to current account number 03100-1006373354 held by SKB

BANKA d. d. Ljubljana).

21. The applicant states that all the securities from the class subject to the application for listing on the stock exchange

market are fully paid-in and freely transferable.

22. The applicant commits to settle the listing fee, as invoiced by the Exchange.

23. Reporting and disclosure

In accordance with the provisions of ZISDU-3 (Investment Funds and Management Companies Act), the DZU must

daily report the close-end value to the Exchange, as stipulated in the Exchange Instructions for Reporting the Close-

End Fund Share Value. The DZU managing the fund whose shares are listed on the regulated market must provide the

respective close-end fund values as of the previous trading day to the Exchange by 15.00 on a given trading day at

the latest.

The applicant must comply with all currently valid regulations stipulating the obligations of disclosure and reporting on

the business activities of close-end funds.

43 | Instructions for Stock Market Issuers

(Legally binding signature and issuer’s seal)

Note: In accordance with Articles 187 and 190 of the Rules, the Application Form for Listing Shares constitutes only

a part of the full application on the basis of which the Exchange may adopt the decision to list shares. The full

application includes the completed and duly signed Application Form for Listing Shares and the Listing Agreement

signed by the applicant. The Listing Agreement is available at the Exchange.

.

44 | Instructions for Stock Market Issuers

REPORT ON VALUE OF CLOSE-END FUND SHARES

(Form 12/SVP)

Asset management firm

Serial number of report

Date of report

LJSE telephone number

+386 1 / 47 10 202

Address to

Market Operations Department

Date of close-end fund value

Symbol

Book value (in EUR)

Note:

The close-end fund share value is calculated on the basis of the close-end fund net asset value (share book value).

(Legally binding signature and issuer’s seal)

----------------------------------------------------------------Completed by Exchange--------------------------------------------------

-------

Received: Date: ___________________ Recorded: Date: __________________

Time: ___________________ Time: __________________

Signature: _______________

45 | Instructions for Stock Market Issuers

APPLICATION FORM FOR LISTING STRUCTURED PRODUCTS

(Form 13/SVP)

Applicant

Date filed

Date received

(completed by Exchange)

1. Structured product (circle) a. investment certificates

b. warrants

c. freely transferrable rights upon increases of share capital

d. other

2. Issuer

Issuer firm

Issuer registered office

Issuer address

Issuer ID no.

Issuer LEI Code

Issuer home state

Issuer activity

For issuers from third countries give the investment firm authorized for the listing procedure

3. Security to be listed

a) type

b) class

c) value

d) number

e) symbol

f) name of depository of

dematerialized securities

and date of entry

g) reference price (on first trading day)

h) entry into central

depository / register

i) materialized securities held

in central depository

4. Selected OAM

5. Manner of publishing

information (which

medium)

6. Prospectus,

publication date and venue

46 | Instructions for Stock Market Issuers

7. Contact info

a) Issuer’s contact person

b) Telephone no.

c) E-mail address

8. Attachments required with Application

a) If prospectus was drawn up • regulator’s decision on authorization of the prospectus;

• prospectus with possible supplements in electronic form, authorized

by an authoritative body;

b) If prospectus was not mandatory • issuer's statement on making use of the exemption from publication

of the prospectus, along with the issuer’s notice on such a statement

having been provided to the regulator;

c) Always for listing depositary receipts • certificate stating that the legal position of the issuer (its

incorporation and legal form of organization) is in compliance with

the regulations in force in the state of its registered office;

▪ issuer’s articles of association, consolidated version;

▪ extract from the register of companies;

• certificate stating that the securities have been validly issued (in

dematerialized form and have been entered into the central registry,

or in materialized form and are collectively held in the central

depository) and that the conditions for reliable settlement of trades in

these securities are met;

• evidence of payment of the fee for deciding on listing (payment is to

be credited in compliance with the Exchange Fee Schedule in force

from time to time, to current account number 03100-1006373354

held by SKB BANKA d. d. Ljubljana).

9. Additional information for freely transferrable rights upon increases of share capital

Date of conferring rights

Date of termination of rights

10. Applicant’s Commitments

• The issuer hereby states that all the securities subject to the application are freely transferable.

• The applicant hereby commits to settle the listing fee, as invoiced by the Exchange.

(Legally binding signature and issuer’s seal)

Note: In accordance with Articles 187 and 190 of the Rules, the Application Form for Listing Shares constitutes only

a part of the full application on the basis of which the Exchange may adopt the decision to list shares. The full

application includes the completed and duly signed Application Form for Listing Shares and the Listing Agreement

signed by the applicant. The Listing Agreement is available at the Exchange.

47 | Instructions for Stock Market Issuers

APPLICATION FORM FOR LISTING DEPOSITARY RECEIPTS

(Form 14/SVP)

Applicant

(firm, registered address, ID no.)

Date filed

Date received

(completed by Exchange)

Desired market segment

1. DR refers to the following security

Type

Issuer (firm, registered office)

Issuer LEI Code

Symbol

Number

Issue size

Market segment

Issuer activity

2. DR (depositary receipt)

Symbol

Type, class

Issue value

Number

Name of depository of dematerialized securities,

date of entry

Entry into central depository

Materialized securities held in central depository

3. Selected OAM

4. Manner of publishing information

(which medium)

5. Issuer home state

for issuers from third countries give the inv. firm authorized for the listing procedure

6. Prospectus, date & venue of publication

7. Contact info

a) Issuer’s contact person

b) Telephone no.

c) E-mail address

48 | Instructions for Stock Market Issuers

8. Attachments required with Application

a) If prospectus was drawn up • regulator’s decision on authorization of the prospectus

• prospectus with possible supplements in electronic form,

authorized by an authoritative body

b) If prospectus was not mandatory • issuer's statement on making use of the exemption from

publication of the prospectus, along with the issuer’s

notice on such a statement having been provided to the

regulator;

c) Always for listing depositary receipts • certificate stating that the legal position of the issuer (its

incorporation and legal form of organization) is in

compliance with the regulations in force in the state of its

registered office:

▪ issuer’s articles of association, consolidated version

▪ extract from the register of companies

• certificate stating that the securities have been validly

issued (in dematerialized form and have been entered into

the central registry, or in materialized form and are

collectively held in the central depository) and that the

conditions for reliable settlement of trades in these

securities are met

• evidence of payment of the fee for deciding on listing

(payment is to be credited in compliance with the

Exchange Fee Schedule in force from time to time, to

current account number 03100-1006373354 held by SKB

BANKA d. d. Ljubljana)

10. Applicant’s Commitments

• The issuer hereby states that all the securities subject to the application are freely transferable.

• The applicant hereby commits to settle the listing fee, as invoiced by the Exchange.

(Legally binding signature and issuer’s seal)

Note: In accordance with Articles 187 and 190 of the Rules, the Application Form for Listing Shares constitutes only

a part of the full application on the basis of which the Exchange may adopt the decision to list shares. The full

application includes the completed and duly signed Application Form for Listing Shares and the Listing Agreement

signed by the applicant. The Listing Agreement is available at the Exchange.

49 | Instructions for Stock Market Issuers

USER'S E-MAIL ADDRESS

(Form 15/SVP)

In accordance with the Ljubljana Stock Exchange Instructions for Stock Exchange Market Issuers, the User hereby

provides the LJSE with its contact e-mail address:

Firm

Address

E-mail address

The User hereby agrees that information it receives from the LJSE by e-mail is to be considered as officially served

on the User.

Date

(Legally binding signature and issuer’s seal)

50 | Instructions for Stock Market Issuers

APPLICATION FORM FOR LISTING MONEY MARKET INSTRUMENTS

(Form 16/SVP)

Applicant

(firm, registered address, ID no.)

Date filed

Date received

(completed by Exchange)

1. Type of money market

instrument:

2. General information:

Issuer firm

Issuer registered office

Issuer address

Issuer ID no.

Issuer Lei Code

Issuer home state

Issuer activity

For issuers from third countries give the investment firm authorized for the listing procedure

3. Money market instrument to be listed:

a. type

b. issue value

c. number

d. symbol

e. name of depository of dematerial.

securities, and date of entry

f. reference price (on first trading day)

g. entry into central depository /

register

4. Selected OAM

5. Manner of publishing

information (which medium)

6. Contact info

a) Issuer’s contact person

b) Telephone no.

c) E-mail address

7. Attachments required with Application

• basic information on the money market instrument (presentation document) – submit by e-mail

• certificate stating that the legal position of the issuer (its incorporation and legal form of organization) is in

compliance with the regulations in force in the state of its registered office;

issuer’s articles of association, consolidated version;

extract from the register of companies;

51 | Instructions for Stock Market Issuers

• certificate stating that the money market instruments have been validly issued (in dematerialized form and

have been entered into the central registry, or in materialized form and are collectively held in the central

depository) and that the conditions for reliable settlement of trades in these money market instruments are

met

• evidence of payment of the fee for deciding on listing (payment is to be credited in compliance with the

Exchange Fee Schedule in force from time to time, to current account number 03100-1006373354 held by SKB

BANKA d. d. Ljubljana)

8. Applicant’s Commitments

• The applicant hereby states that all the money market instruments subject to the application for listing on the

stock exchange market are fully paid-in and freely transferable.

• The applicant hereby commits to settle the listing fee, as invoiced by the Exchange.

(Legally binding signature and issuer’s seal)

Note: In accordance with Articles 187 and 190 of the Rules, the Application Form for Listing Shares constitutes only a

part of the full application on the basis of which the Exchange may adopt the decision to list shares. The full application

includes the completed and duly signed Application Form for Listing Shares and the Listing Agreement signed by the

applicant. The Listing Agreement is available at the Exchange.